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Indicate whether a change in the value of each of the following determinants of

ID: 1241034 • Letter: I

Question

Indicate whether a change in the value of each of the following determinants of supply leads to a movement along the supply curve or a shift in the supply curve| Change in market price: A shift in the supply curve Change in factor productivity: (Click to select) Change in producer expectations: Movement along the supply curve Change in the price of other goods: A shift in the supply curve Change in technology: (Click to select) Change in factor prices: A shift in the supply curve Change in taxes: (Click to select)

Explanation / Answer

1>movement 2>shift 3>movement 4>shift 5>shift 6>movement 7>shift